bid rounds | Egypt Oil & Gas

Kuwait Expects Durra Field Bid Rounds to Launch this Year

Kuwaiti Oil Minister Tariq Al-Roumi announced that bid rounds for the long-delayed Durra offshore oil and gas field are expected to launch this year. Speaking to Reuters, Al-Roumi confirmed that the project, to be dev...

Shalateen Company’s Upcoming Bid to Attract Local, Global Investments

Shalateen Mineral Resources Company is preparing to launch a global bid for gold and minerals exploration in the eastern desert of Egypt. The bidding will include sites with local investments for small miners, also kn...

Egypt Targets Mining Exports Worth $10 B by 2040: El Molla

Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that Egypt’s mining sector has set a robust plan targeting mining exports worth $10 billion by 2040, which will boost this sector exports estimate...

MoP, Schlumberger Announce Launch of Egypt Upstream Gateway

The Ministry of Petroleum and Mineral Resources, in collaboration with Schlumberger, has launched Egypt Upstream Gateway (EUG), an innovative national project for the digitalization of subsurface information. The laun...

Egypt Signs 10 New Contracts for Gold Exploration with $11 MM

The Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of 10 new contracts for gold exploration with investments more than $11 million. El Molla assured the success of gold bid rounds f...

IOCs Highlight Egypt’s Investment Potentials During AEC

Shell and Schlumberger have participated in the fourth edition of Al-Ahram Energy Conference (AEC) to discuss their investments in Egypt, where they highlighted the investment potentials of Egypt’s oil and gas s...

El Molla: New Mediterranean Sea Bid Round on the Horizon

The Minister of Petroleum and Mineral Resources, Tarek El Molla commented on the Egypt-Greece maritime demarcation agreement saying that it opens the door for more opportunities for exploration and production (E&P...

Ganope to Utilize eFTG Survey on Upper Egypt Assets

TGS, a leading provider of multi-client geoscience data for exploration and production (E&P) companies, will implement Enhanced Full Tensor Gravity Gradiometry (eFTG) survey on Ganoub El Wadi Petroleum Holding Com...

Egypt-Greece Agreement Could Create E&P Bid Round Opportunities

Hamdy Abdel Aziz, Spokesperson for the Ministry of Petroleum and Mineral Resources, stated that the new Egypt-Greece maritime demarcation agreement will create more opportunities for exploration and production (E&...

Norway to Offer 125 New Arctic Exploration Permits 

Norway, Europe’s largest oil-producing nation, intends to profoundly increase Arctic oil exploration by offering up 125 new oil exploration permits in the Arctic Barents Sea, according to Reuters.  Norway’s 25th licen...

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